negotiation Archives - Your Rent-to-Own ConsultantsYour Rent-to-Own Consultants

Home Renting,Real Estate Market,Rent-to-Own Homes

RTOR’s Latest Review: Rent-to-Own Consultants

22 Jan , 2016  

Diamonds. We love them. Ladies love them. Rent-to-own consultants and gurus love them, too. They’re sparkly. They’re pricey. That’s part of the allure, though, of the diamond, whether it’s a round cut, princess or marquise. However, as fun and trendy as it is for a lovely lady to receive such a radiant treasure, one thing’s for sure — if you just don’t have the funds to buy, you’re out of luck. More importantly, if you don’t find the right jewel for the money, you’re up a creek.

Rent-to-Own Homes Are Just Like That: They’re Those Pricey Jewels We Want so rent-to-own consultants diamondBadly But Can’t Have

In the real estate market, we look for the best deals. These days, it seems, rent-to-own homes are among those best deals, but they’re often difficult to find, hard to negotiate over, and a challenge to traverse through the legal channels of making sure you’re in compliance with an industry already littered with pitfalls. This is why oftentimes real estate agents don’t care too much for the rent-to-own home, because such a contract only involves the landlord/homeowner and the tenant/home buyer. Nobody else. No lawyers (although they can be included, obviously for a hefty retaining fee), no agents, no nothing.

This Is Where Rent-to-Own Consultants Come In

Rent-to-Own Consultants has changed the real estate landscape to a certain degree: they’re the middle man. The advocate. The diamond cutter. With them, they can resolve any need for legal representation, gain access to any list of rent-to-own homes, and even offer affiliate services for anything like credit repair or identity theft protection. They are what they say they are: consultants. And their fee isn’t as pricey as any of those diamonds you’ll find at Jared.

Aside from this review from RTOR, you can even check out Nationwide Property Value’s take on them as well as Assisting Renters’ viewpoint and know the truth: the Rent-to-Own Consultants bring the goods as an affiliate of the BBB A-rated H.O.P.E. Program — in any shape, cut or shine you could ever want in a rent-to-own home.

The post RTOR’s Latest Review: Rent-to-Own Consultants appeared first on RentToOwnReviews.

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Land Contracts,Rent-to-Own Homes

Knowing the Difference Between Rent-to-Own and “Land Contract”

14 May , 2015  

Brace yourself: this is going to be difficult. As with anything in the real estate industry, you end up thinking you need either a real estate attorney or maybe Superman to wrap his brain around the concept of knowing the difference — between a rent-to-own and a land contract. Not even a kryptonian could honestly figure that one out (which is why you have our rent-to-own consultants helping you out with this one!).

What Is a “Land Contract” Anyway?

Get interested when a potential seller even mentions this term. It’s an intriguing way for a seller to rent to own Supermanbasically sell the home without giving up the title, basically. You, as the buyer, can purchase the home through contract and essentially pay “rent” (for lack of a better term), and when you’ve paid the entire purchase price for the home, the title to the property’s all yours.

In a way, it’s like leasing a car. You get to drive it. You get to maintain it. You get to go on a road trip clear across the country if you want. But you never get to own it — and that means you can’t sell it or perhaps even upgrade it — until you finish paying it all off. Certain advantages and slight disadvantages there, obviously. You can see why you might want to ask this along with other inquiries about rent-to-own.

Now a Rent-to-Own Is Slightly Different

The only way I can differentiate on this is that it’s largely dependent on an agreement typically made by the home seller. An offering for a land contract focuses mainly on the entire selling price — whereas a rent-to-own keeps it as a tenant-landlord deal for a specific period of time with an extra portion of each monthly rent going toward a down payment for ownership of the house.

It’s convenient. It’s flexible. And that’s the key. A land contract seals you in for the deal, for the long haul. You can’t back out of it without some form of penalty, because you agreed to basically own the house later on. But a rent-to-own simply offers the option — if you want it (which most of the time you would, provided you negotiate the best of terms for both parties).

You Can See the Striking Similarity

Like looking into a mirror or something. But don’t be fooled. A land contract is so different from a rent-to-own that it’s scary. Just be well-informed. Because while you might want to just stick with a full lease on a house and make those payments as if its a mortgage, know that you don’t have a lot of wiggle room….

But a rent-to-own? That’s a whole different story and superhero altogether.

To get help finding a rent-to-own home, click here.

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Rent-to-Own Homes

5 Most Common Questions to Ask About Rent-to-Own

14 May , 2015  

People talk a lot about rent-to-own homes like it’s the new innovation in the candy business. After all, when the Snickers bar first came out, everyone was in a rush about the novelty and ingenuity of merging chocolate and nuts together, so the rage made waves, for sure! Rent-to-own is like that — it’s candy. It’s yummy. But if you’re not careful or haphazard about rushing into an agreement without asking the correct questions, you could get yourself into a lot of hot water (or wrappers all over your floor, plus a few toothaches).

Did I Mention “Questions”? Yes. Ask Them When Considering a Rent-to-Ownrent to own Snickers rent-to-own

The thing is not every seller/owner out there will say flat-out what the deal is. To them, they’re thinking they just need a tenant. But what about rent-to-own? I can imagine many sellers/owners would blink at the idea, so it is important to ask about it and know what you’re getting into.

There’s a lot of negotiation that comes into play with a rent-to-own, so it’s no surprise that questions get asked on a regular basis. The thing to remember is this: what are the right questions to ask? Clearly you have an advantage with all the rent-to-own reviews available in the market right now.

Only With the Right Consultant Can You Succeed

It’s imperative that you know that not everyone is in the know — especially sellers/owners. Most don’t know what the heck is going on, especially when they’re dabbling in the prospect of a rent-to-own. Our rent-to-own consultants can educate them. We can educate you. And we can make sure that rent-to-own works out well for both.

Check them out at RTO Reviews for more info about what they can do for you right now.

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Rent-to-Own Homes

One Reason Why Rent-to-Own Deals Don’t Get Done Right: Unfair Stipulations

13 May , 2015  

This just happens to be a matter of fact: rent-to-own deals typically favor the seller. For obvious reasons. Why a seller would even option at a rent-to-own vs. a typical FSBO is obvious. Perhaps the market’s stale, and the seller’s not getting much of a bite on the fair market value and price. So what does the seller do? Opt for a much higher payout later on while the buyer pays rent for a certain period of time. You can see the benefit here.rent to own bear trap

Sadly, the Buyer’s Left Behind in the Dust With a Little Unfair Stipulation

This is generally the case for a lot of situations involving rent-to-own deals — and, no, an attorney can’t always handle the issue, believe it or not. Just another reason why you might want to consider our rent-to-own consultants, as we sidestep all the legal documentation, plus the licensing necessary from state to state (because you do know that a lawyer working in Indiana can’t represent you in California, for example). And we can just help you straight out: the negotiation, the scheduling, the deal.

In the end it’s all about education. We’re guiding all potential home buyers through the steps of rent-to-own deals, ensuring they don’t get their foot stuck in that same ol’ bear trap many sellers unknowingly place just for their own benefit. It’s no joke. There was one instance with an LTO contract that stipulated a buyer’s requirement to make rent payments on time, which is all good…. Until the contract also stipulated that any rent payment late beyond five minutes would renter the contract null and void, leaving the buyer high and dry with no option to buy after all that time and effort in making rent. Gee, thanks.

Those Kinds of Rent-to-Own Deals Stink!

Steer clear of contracts stating that, for sure. But just in case you’re not one to have to read a ton of documents and have your head spinning left and right, always contact us as your consultants to get things squared away.

Because, without a doubt, you deserve to own that home. You’re the one pouring all that money into it!

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